European markets settled higher on Thursday with investors largely keeping an eye on the U.S.-China Summit in Beijing and closely following the developments in the United Kingdom, in addition to reacting to corporate earnings announcements. Optimism about Artificial Intelligence and strong guidance by U.S. tech giant Cisco Systems contributed notably to the positive mood in the markets.In the UK, ...
For comments and feedback contact: editorial@rttnews.com
Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.